Sankey charts are a type of graph that is often used in business and engineering to visualize data and relationships between different elements. In this article, we will explore the power of sankey charts and provide a guide to understanding and applying this visualization tool to various industries and sectors.

1. What are Sankey Charts?

A sankey chart is a type of flowchart that shows the direction and amount of flow between two or more elements, also known as nodes or sources. It uses a key at the top of the chart to show the value or contribution of each sink or destination. This type of chart is useful for showing how different elements are interrelated and for quantifying processes.

2. Sankey Chart Applications

Sankey charts can be used in various industries and sectors as a powerful tool for visualizing and quantifying data. Here are some examples of how sankey charts are used in different industries:

• Engineering: This chart can be used to visualize the flow of materials through a pipeline, showing how the output from one source is used by multiple sinks. This chart is useful for identifying and optimizing the flow of materials and identifying bottlenecks.
• Finance: Sankey charts can be used to visualize the flow of money in and out of a company or organization, showing how each department or activity contributes to the overall economic performance of the company. This chart is useful for identifying areas of weakness or inefficiency and for optimizing financial strategies.
• Healthcare: Sankey charts can be used to visualize the flow of information and resources in and out of a healthcare organization, showing how different departments related to patients and health care professionals contribute to the overall healthcare system. This chart is useful for identifying areas of improvement and optimizing healthcare operations.

3. How to Create Sankey Charts

Creating sankey charts is relatively simple and can be done using a number of software tools and apps. Here is an overview of the steps involved in creating a sankey chart with the Sankey Chart Maker:

• Open the Sankey Chart Maker or choose an existing template.
• Input the data you want to visualize.
• Select the elements on which the flow is based and click on the “link” icon to connect them.
• Customize the chart with colors, labels, and any other design elements you prefer.
• Save the chart as an image or export it for use in other software tools.

4. Understanding Sankey Charts

Sankey charts can be a powerful tool in understanding the relationships between different elements. Here are some key things to keep in mind when using sankey charts:

• Choose appropriate elements for visualization based on the data you are trying to analyze.
• Use data labels to explain the values or contributions of each element.
• Use colors, symbols, or other design elements to make the chart visually appealing and better understand its content.
• Understand the technical and ethical considerations of using sankey charts in a business or engineering context.

5. Conclusion

Sankey charts are a versatile and effective tool for visualizing and quantifying data. By understanding the key concepts and techniques involved in creating sankey charts, you can effectively use this tool to explore and analyze data, leading to effective decision-making and business strategies.

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.