Latex-Suite has a lot of functionality written to ease working with packages. Packages here refers to files which you include into the LaTeX document using the \usepackage command.
In addition, the TeX-Suite > Packages menu also contains the following submenus
Update. This command is to be invoked with the cursor placed on the package name. If the corresponding package is found, then a sub-menu with the supported commands and options is created.
Update All. This function reads the preamble of the document for \usepackage lines and if Latex-Suite supports the detected packages, then sub-menus containing the package options and commands are created.