1. A system that facilitates more optimized relocation of data associated with at least one memory component, comprising: the at least one memory component; a first processor component, wherein the first processor component facilitates performance of lower level memory access operations associated with the at least one memory component; and a second processor component, wherein the second processor component is local to the at least one memory component and facilitates performance of higher level memory operations associated with the at least one memory component, the higher level memory operations comprising at least one of data compaction, error code correction, or wear leveling, or a combination thereof.