RadBindingNavigator’s main purpose is to provide a basic UI for navigation through a collection of business objects. It can be paired with a BindingSource component. The UI of RadBindingNavigator allows you to add and delete objects. The Add operation depends on the setup of the underlying data source. You can also use Smart Tags, set Properties and Customize its Appearance.
In the related Getting Started article you can find how to use the control with a sample scenario.
Download and check out the online demo at demos.telerik.com