In this thesis, we discuss and investigate the use of Soft-Collinear Effective Theory (SCET) for high precision calculations. In the first part of the work, we present an extraction of the strong coupling, $\alpha_s(m_Z)$ and the leading nonperturbative parameter $\Omega_1$, using the event shape C-parameter. By comparing lepton collider data to the C-parameter cross section, we extract values $\alpha_s(m_Z)=0.1123\pm 0.0015$ and $\Omega_1=0.421\pm 0.063\,{ \rm GeV}$ with $\chi^2/\rm{ dof}=0.988$ for $404$ bins of data. The later parts of this thesis are dedicated to using on-shell helicity methods to extend SCET beyond leading power. We present a complete set of scalar helicity building blocks and describe an interesting angular momentum selection rule that restricts how these building blocks can be assembled.
Categories: hep-ph