diff --git a/src/diffusers/pipelines/components_manager.py b/src/diffusers/pipelines/components_manager.py
index 5cf471314d..f9a039ddaa 100644
--- a/src/diffusers/pipelines/components_manager.py
+++ b/src/diffusers/pipelines/components_manager.py
@@ -241,19 +241,6 @@ class ComponentsManager:
         self.model_hooks = None
         self._auto_offload_enabled = False
 
-    
-    def load_component(self, spec: Union[ComponentSpec, ComponentLoadSpec], **kwargs):
-        module_class = spec.type_hint
-        
-
-        if spec.revision is not None:
-            kwargs["revision"] = spec.revision
-        if spec.variant is not None:
-            kwargs["variant"] = spec.variant
-
-        component = module_class.from_pretrained(spec.repo, subfolder=spec.subfolder, **kwargs)
-        return component
-
     def add(self, name, component, collection: Optional[str] = None, load_spec: Optional[ComponentLoadSpec] = None):
         if name in self.components:
             logger.warning(f"Overriding existing component '{name}' in ComponentsManager")
@@ -284,21 +271,23 @@ class ComponentsManager:
             **kwargs: Additional arguments to pass to the component loader
         """
              
-        if isinstance(spec, ComponentSpec):
-            if spec.config is not None:
-                component = spec.type_hint(**spec.config)   
-                self.add(name, component, collection=collection, load_spec=ComponentLoadSpec.from_component_spec(spec))
-                return
-            
-            spec = ComponentLoadSpec.from_component_spec(spec)
-        
-        for k, v in self.components_specs.items():
-            if v == spec and not force_add:
-                logger.warning(f"will not add {name} to ComponentsManager, as {k} already exists with same spec.Please use force_add=True to add it.")
-                return
+        if isinstance(spec, ComponentSpec) and spec.repo is None:
+            component = spec.create(**kwargs)
+            self.add(name, component, collection=collection)
+        elif isinstance(spec, ComponentSpec):
+            load_spec = spec.to_load_spec()
+        elif isinstance(spec, ComponentLoadSpec):
+            load_spec = spec
+        else:
+            raise ValueError(f"Invalid spec type: {type(spec)}")
 
-        component = self.load_component(spec, **kwargs)
-        self.add(name, component, collection=collection, load_spec=spec)
+        for k, v in self.components_specs.items():
+            if v == load_spec and not force_add:
+                logger.warning(f"{name} is not added to ComponentsManager, because `{k}` already exists with same spec. Please use `force_add=True` to add it.")
+                return
+        
+        component = load_spec.load(**kwargs)
+        self.add(name, component, collection=collection, load_spec=load_spec)
 
     def remove(self, name):
 
diff --git a/src/diffusers/pipelines/modular_pipeline_utils.py b/src/diffusers/pipelines/modular_pipeline_utils.py
index 282b94bb08..bb8cc1283e 100644
--- a/src/diffusers/pipelines/modular_pipeline_utils.py
+++ b/src/diffusers/pipelines/modular_pipeline_utils.py
@@ -13,7 +13,7 @@
 # limitations under the License.
 
 import re
-from dataclasses import dataclass
+from dataclasses import dataclass, asdict
 from typing import Any, Dict, List, Optional, Tuple, Type, Union
 
 from ..utils.import_utils import is_torch_available
@@ -27,26 +27,53 @@ if is_torch_available():
 class ComponentSpec:
     """Specification for a pipeline component."""
     name: str
-    # YiYi NOTE: is type_hint a good fild name? it is the actual class, will be used to create the default instance
-    type_hint: Type
+    type_hint: Type # YiYi Notes: change to component_type?
     description: Optional[str] = None
     config: Optional[FrozenDict[str, Any]] = None  # you can specific default config to create a default component if it is a stateless class like scheduler, guider or image processor
     repo: Optional[Union[str, List[str]]] = None
     subfolder: Optional[str] = None
-    revision: Optional[str] = None
-    variant: Optional[str] = None
+    
+    def create(self, **kwargs) -> Any:
+        """
+        Create the component based on the config and additional kwargs.
+        
+        Args:
+            **kwargs: Additional arguments to pass to the component's __init__ method
+            
+        Returns:
+            The created component
+        """
+        if self.config is not None:
+            init_kwargs = self.config
+        else:
+            init_kwargs = {}
+        return self.type_hint(**init_kwargs, **kwargs)
+    
+    def load(self, **kwargs) -> Any:
+        return self.to_load_spec().load(**kwargs)
+    
+    def to_load_spec(self) -> "ComponentLoadSpec":
+        """Convert to a ComponentLoadSpec for storage in ComponentsManager."""
+        return ComponentLoadSpec.from_component_spec(self)
 
 @dataclass
 class ComponentLoadSpec:
     type_hint: type
     repo: Optional[str] = None
     subfolder: Optional[str] = None
-    revision: Optional[str] = None
-    variant: Optional[str] = None
 
+    def load(self, **kwargs) -> Any:
+        """Load the component from the repository."""
+        repo = kwargs.pop("repo", self.repo)
+        subfolder = kwargs.pop("subfolder", self.subfolder)
+
+        return self.type_hint.from_pretrained(repo, subfolder=subfolder, **kwargs)
+        
+    
     @classmethod
     def from_component_spec(cls, component_spec: ComponentSpec):
-        return cls(type_hint=component_spec.type_hint, repo=component_spec.repo, subfolder=component_spec.subfolder, revision=component_spec.revision, variant=component_spec.variant)
+        return cls(type_hint=component_spec.type_hint, repo=component_spec.repo, subfolder=component_spec.subfolder)
+
 
 @dataclass 
 class ConfigSpec:
@@ -54,7 +81,7 @@ class ConfigSpec:
     name: str
     value: Any
     description: Optional[str] = None
-    repo: Optional[Union[str, List[str]]] = None
+    repo: Optional[Union[str, List[str]]] = None #YiYi Notes: not sure if this field is needed
 
 @dataclass
 class InputParam: