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The Real Reason Potato Chip Bags Are Never Filled to the Top

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If you’re a junk food lover, you’ll know this: No matter where you shop or what brand you buy, when you tear open a bag of potato chips, it’s almost always half filled. This can be quite disappointing. I’d always hope for those crispy, crinkle-cut potato chip bags to be filled to the brim. But there’s actually a good reason for this—and no, the food company isn’t pulling a fast one on you. Check out these super weird potato chip flavors you’ll actually want to try.

The reason you’re looking at a bag half-full

In the manufacturing industry, “slack fill” is empty space that’s intentionally placed around a product. The idea is that the extra room can as a buffer to protect your Lays, Ruffles or Tostitos from damage. The trip from the production facility to your office’s vending machine can be quite bumpy! If it weren’t for slack fill, your chips would probably look more like breadcrumbs.

Accidentally crushed your chips? That’s OK! Use them in this yummy potato chip side dish.

But wait, there’s more

Thought that your potato chip bag was puffed up with air? The cushion actually is nitrogen gas. Chip manufacturers fill bags with this preservative gas to help keep chips fresh. If it were filled with regular air, the chips would likely turn soggy and spoil. In 1994, scientists found that exposing chips to nitrogen not only helped to extend the shelf life, but also made them taste better! I’ll take a tasty, fresh snack over spoiled any day.

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Psst! Nitrogen is a natural gas and completely harmless. Find out why potato chips are so dang addictive.

Still feel deceived by the empty bag?

There’s a way to tell how much is in your snack bag before you break it open. In 1966, Congress passed the Fair Packaging and Labeling Act, which requires manufacturers to disclose the net weight of their product’s contents to prevent fraud or deceit. When shopping for your next bag of cheese puffs, pay attention to the net weight that’s printed on the bag. This way you’ll be able to discern if you’re getting the most bang for your buck. You’ll also want to read up on these secrets food manufacturers won’t tell you.

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REQUEST FOR EXPRESSIONS OF INTEREST

(CONSULTING SERVICES – INDIVIDUAL SELECTION)

 

OECS MSME Guarantee Facility Project

Loan No.: IDA-62670, IDA-62660, IDA-62640, IBRD-88830, IDA-62650

Assignment Title: Senior Operating Officer (SOO)

Reference No. KN-ECPCGC-207852-CS-INDV

 

The Governments of Antigua and Barbuda, Commonwealth of Dominica, Grenada, St. Lucia and St. Vincent and the Grenadines have received financing in the amount of US$10 million equivalent from the World Bank towards the cost of establishing a partial credit guarantee scheme, and they intend to apply part of the proceeds to payments for goods, and consulting services to be procured under this project. 

The consultant will serve as the “Senior Operating Officer (SOO)” for the ECPCGC and should possess extensive knowledge of MSME lending with some direct experience lending to Micro, small and medium-sized businesses, knowledge of the internal control processes necessary for a lending operation and the ability to design and implement risk mitigation procedures. The ideal candidate should possess an Undergraduate Degree from a reputable college or university, preferably in Business, Accounting, Banking or related field, with a minimum of 5 years’ experience in lending, inclusive of MSME lending. The initial employment period will be for two years on a contractual basis. Renewal of the contract will be subject to a performance evaluation at the end of the contractual period. The assignment is expected to begin on September 30th, 2021.  The consultant will report directly to the Chief Executive Officer of the ECPCGC.

The detailed Terms of Reference (TOR) for the assignment can be viewed by following the attached link below. 

 

https://bit.ly/3iVannm

 

The Eastern Caribbean Partial Credit Guarantee Corporation (ECPCGC) now invites eligible “Consultants” to indicate their interest in providing the Services. Interested Consultants should provide information demonstrating that they have:

  • An Undergraduate Degree from a reputable college or university, preferably in Business, Finance, Banking or related field; and
  • Minimum of 5 years’ experience in MSME lending. Applicants should also have:
  • The ability to design and implement risk management procedures 
  • Extensive knowledge of MSME lending with some direct experience lending to small and medium-sized businesses
  • Extensive knowledge of MSME banking operations
  • Knowledge of the internal controls necessary for a lending operation and the ability to design and implement risk management procedures
  • Experience developing and presenting information in public, including responding to questions in real-time
  • Experience lending to MSMEs located in the ECCU
  • Knowledge of marketing and communicating with the MSME sector
  • Ability to draft procedures to be used in a lending operation
  • Familiarity with the mechanics of a loan guarantee program
  • Exceptional written, oral, interpersonal, and presentation skills, and
  • Proficiency in the use of Microsoft Office suite.

The attention of interested Individual Consultants is drawn to Section III, Paragraphs 3.14, 3.16, and 3.17 of the World Bank’s Procurement Regulations for IPF Borrowers July 2016, [revised November 2017] (“Procurement Regulations”), setting forth the World Bank’s policy on conflict of interest. A Consultant will be selected in accordance with the Approved Selection Method for Individual Consultants set out in the clause 7.34 of the World Bank Procurement Regulations for IPF Borrowers. 

 

Further information can be obtained at the address below during office hours 0800 to 1700 hours:

Eastern Caribbean Partial Credit Guarantee Corporation

Brid Rock, Basseterre,

St. Kitts.

Expressions of interest must be delivered in a written form by e-mail by August 11th, 2021, to [email protected]

 

For further information, please contact:

Carmen Gomez-Trigg                                                            Bernard Thomas

Chief Executive Officer                                                          Chief Financial Officer

Tel: 868-620-8144                                                                  Tel: 869-765-2385

Email: [email protected]                                          [email protected]