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In this episode of the Contractor Success Forum, we dive into the world of lean construction-a game-changing approach that helps contractors complete projects faster, safer, and with higher quality. Hosts Wade Carpenter and Stephen Brown discuss the key principles of lean construction, including the 5S methodology, waste reduction strategies, and how these practices can streamline operations and improve profits. 

Learn how lean techniques can boost your team's efficiency, improve employee engagement, and reduce costly rework. Whether you're a seasoned contractor or new to the field, this episode offers practical steps to implement lean in your business today.

Topics we cover on this week's episode:

• Introduction to Lean Construction (00:00:00 - 00:00:19)
  Ever wonder how construction companies deliver faster, safer projects? Introducing lean construction.
• Overview of Lean Construction (00:00:19 - 00:01:00)
  Explanation of lean construction's key principles and its origins.
• Benefits and Statistics of Lean Construction (00:01:00 - 00:02:00)
  Hard data on lean practices, including efficiency, teamwork, and satisfaction improvements.
• 5S Principles for Lean Construction (00:05:59 - 00:06:25)
  Explanation of the 5S principles: Sort, Set in order, Shine, Standardize, Sustain.
• Reducing Waste in Construction (00:06:25 - 00:08:12)
  Addressing waste reduction in construction using the DOWNTIME acronym.
• Implementing Lean and Employee Engagement (00:08:12 - 00:09:45)
  Engaging employees and improving productivity through lean methods.
• Conclusion and Resources (00:11:45 - 00:14:17)
  Encouragement to get lean certified and the importance of continuous improvement.

LINKS

Resources we mentioned in the episode:

• Lean Construction Reading List
• Jason Schroeder's podcast, Elevate Construction
• Lean Construction Education Program

Visit the episode page at https://CarpenterCPAs.com/leanconstruction for more details and a transcript of the show.

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Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com