There is no standard BAPI for Vendor master data. BAPI_VENDOR_CREATE it simply calls the transaction code 'XK01'. It can be used to create an online vendor.
There are two alternative ways you can follow,
1.First, you can use the function module VENDOR_INSERT - To insert the vendor in vendor master.
2. Creating a custom BAPI using standard API class VMD_EI_API.
VMD_EI_API-->GET_NUMBER - Get Vendor Number
VMD_EI_API-->MAINTAIN - Create vendor
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