In the Hierarchy tab when you hover a location, options to manage the location appear.
Options:
Edit: Allows you to edit the name of the location
Copy Location:
Edit Location: Allows you to edit the below fields
Location Name
Address
Check box to update the Latitude or Longitude as per address
Click OK, to save changes
Add Location or Zone:
Add Sibling Location: Allows you to enter values for below fields
Location Name
Address
Click OK, to add a new Location
Add New Zone: Allows you to enter values for below fields
Zone Name
Description
Click OK, to add a new Zone
Go to Topology: On click navigates you to Network > Topology with the respective Location selected.
Delete: Delete the selected Location.