Sankey charts are a type of diagram that use parallel lines and nodes in a structured and sequential way to show various flow rates between different entities. They are very useful for visualizing data related to the movement of information, money, or resources. In this article, we’ll explore how to create them and some of the applications they have in various industries.
Creating a Sankey Chart
To create a Sankey chart, you need to gather your data and create nodes for each entity involved in the flow. Then, you should connect the nodes to show the flow rates along a sequence of parallel lines. There are various libraries available in programming languages that can help you create a Sankey chart and many online resources that can guide you on how to get started.
Applications of Sankey Charts
Sankey charts can be used in various industries to demonstrate how resources and information are distributed in a specific system. They are useful for projects, programs, and industries that require a high level of data visualization. Some of the industries that use Sankey charts include healthcare, finance, and transportation.
Healthcare
In the healthcare industry, Sankey charts can be used to visualize the flow of patients through various healthcare services such as hospitals, clinics, laboratories, and pharmacies. This can help healthcare providers understand the flow of patients and adjust their operations to improve efficiency and quality.
Finance
In the finance industry, Sankey charts can be used to visualize the flow of funds through various financial flows such as investments, loans, and transactions. This can help financial institutions understand the flow of funds and make informed decisions to optimize their operations.
Transportation
In the transportation industry, Sankey charts can be used to visualize the flow of resources such as fuel, passengers, and materials through various transportation systems such as trains, buses, and trucks. This can help transportation organizations understand the flow of resources and optimize their operations to reduce costs and improve efficiency.
Conclusion
Sankey charts are a powerful way to visualize data and improve communication between stakeholders. By creating well-designed Sankey charts, you can show complex data in a simple and intuitive way. Use Sankey charts to make more informed decisions in your projects, programs, and industries.
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