The Edit and Scene panel work very hand in hand. You can click on the model name in the Scene panel to adjust the model settings in the Edit plane such as the Anchor Point and Model and Surface Mapping. You can click on the material slots in the Scene panel to adjust the material settings in the Edit panel such as adding texture maps from files, or adjusting reflection.
Panel Layouts
In the Element scene setup under the Window tab you can reset your panel layout to default or try out the other 2 Layout presets.