Sankey charts, also known as flowcharts or supply chain diagrams, are a type of diagram that is used to visually represent and compare the flow of resources such as money, materials, energy and data between different components or entities.
Sankey charts can be used to create complex visual representations of data, where the flow between different components can be clearly seen and easily understood. They are a useful tool for creating visual representations of complex data without having to worry about the logistics of data storage and retrieval.
One of the benefits of using Sankey charts is that they can help to clarify and simplify large amounts of data, making it easier for stakeholders to grasp the key insights and make informed decisions based on the data. Additionally, they can also be used to track the flow of resources from one place to another, which can be useful for identifying bottlenecks and areas for improvement.
One way to create a Sankey chart is by manually drawing the lines and marking each point on the chart. This can be done with a pen, chalk or any other tool of choice, and can vary in complexity depending on the data being represented.
Another way to create a Sankey chart is by using software or software plugins. These plugins can be found online and can be used to generate customized Sankey charts based on the data being represented. Examples of these plugins include KiteCharts, FlowPlot, and FlowNode.
One of the main advantages of using Sankey charts is that they can be created and updated quickly, which allows for more flexibility and the ability to make changes to the data being represented. Additionally, they can be used in a variety of settings, including business, finance, construction, energy, and more.
There are a few things to keep in mind when creating a Sankey chart:
-
Make sure to clearly define the component and the data being represented.
-
Draw the lines and use markers to show the direction of the flow and the size of the component.
-
Color-code the elements to further highlight segments.
-
Label the components and the lines to make it easier to understand the flow.
-
Check that the directions and legends are clear and easy to see.
In conclusion, Sankey charts are an essential tool when it comes to visualizing and understanding complex data. They offer a clear, simple, and easy-to-understand approach to conveying information, making it an excellent choice for stakeholders of all industries.
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.