The Sankey chart is a geometric tool for visualizing the flow of data between different entities. It is a type of bar chart that is often used in supply chain management and operations research to display the movement of resources between different locations. In this article, we will explore the basics of how to create a sankey chart and its applications in different industries.
Creating a Sankey Chart
To create a sankey chart, you will need a data set that represents the flow of resources between different entities. The chart should have four axes: the input axis for inputs and outputs, the central axis for the total amount of flow, and the axis for the different resources being input and output. You should also include the date or timestamp for each resource and the value of the resources being input and output.
One way to create a sankey chart is to use a software tool like Excel or Google Sheets. Alternatively, you can create a sankey chart using a tool provided by your organization. For example, you might be able to find a template or a library of resources to help you create a sankey chart for your specific industry.
Applications of Sankey Charts
Sankey charts can be applied in various industries, including transportation, energy, finance, and supply chain. Here are some examples of how sankey charts are used:
-
Transportation: Sankey charts can be used to visualize the flow of goods and resources in a transportation network such as a highway or a railway. By showing the flow of resources between different points, stakeholders can better understand and manage the flow of resources.
-
Energy: Sankey charts can be used to visualize the flow of energy sources, such as oil or gas, from production locations to consumption points. This can help energy providers understand the flow of energy and make decisions on supply and demand.
-
Finance: Sankey charts can be used to visualize the flow of financial resources, such as funds or money, between different companies or industries. By showing the flow of financial resources, stakeholders can better understand the financial health of different organizations.
-
Supply chain: Sankey charts can be used to visualize the flow of resources, such as materials or components, between different supply chain nodes. By showing the flow of resources between different nodes, stakeholders can better understand the movement of resources and identify bottlenecks or inefficiencies.
In conclusion, the sankey chart is a powerful tool for visualizing complex data flow systems. By providing clear and concise information, the sankey chart can help stakeholders make informed decisions and better manage their resources. Whether you are a transportation operator, an energy provider, a finance manager, or a supply chain specialist, there is a sankey chart for you.
SankeyMaster
SankeyMaster is your go-to tool for creating complex Sankey charts . Easily enter data and create Sankey charts that accurately reveal intricate data relationships.