A method for automatically identifying available storage components within a storage system, which are appropriate for storing consumer data in compliance with specified service level objectives (SLOs), including discovering available storage components; identifying and assigning service levels provided by each available storage component, wherein identifying and assigning service levels provided by each available storage component, includes classifying the available storage components based on their type of technology, and determining the SLO relevant capabilities of the available storage components; and storing resultant mapping of service levels to available storage components in a metadata repository.