Higher algebraic K-theory carries the structure of a lambda-ring, which determines Adams operations, the gamma filtration and other useful tools for analysing K-theory. The higher K-groups and lambda-operations are usually defined with homotopy theory, and as such are often difficult to work with explicitly. Recently Grayson has given an entirely algebraic construction of the higher algebraic K-groups. In this talk I will describe Grayson's construction, and explain how it can be used to give a new construction of the lambda-ring structure on the higher K-groups of a scheme. This is joint work with Bernhard Koeck and Lenny Taelman.