A screed system is provided. The screed system includes a base screed. The screed system includes an extension member, wherein the extension member is detachably coupled to the base screed. The screed system also includes an identification module associated with the extension member. The identification module is configured to provide an indication of the extension member. The screed system further includes a controller, wherein the controller is configured to determine a parameter associated with the extension member based on the indication. Further, the identification module and the controller are configured to communicate with each other.