Sankey charts are a type of data visualization that are often used when you have two or more sets of data that you need to compare or contrast. They work well when your data is arranged in a flow-like pattern, such as a supply chain or an economic diagram. The basic idea behind a sankey chart is that you start with a central value or a source, and then connect all of the other values to this central point. This creates a flow or path that you can use to show how the different values are related to each other.
There are a few key things that you should keep in mind when creating a sankey chart. First, make sure that you understand your data and the underlying relationships that exist between the different values. If you’re not sure what’s going on, it might be best to gather more information before creating a sankey chart.
Second, consider whether you want to represent one value as the source and the other values as the targets of the flow. If you’re comparing a cost to revenue balance, for example, you might want to use a sankey chart with one value (the revenue) as the source and the other values (the cost) as the targets.
Once you’ve created a sankey chart, you can use it to draw attention to certain relationships or trends within your data. By looking at the flow, you can see how one value relates to another, and whether there are any patterns or correlations in the data. You can also use the sankey chart as a tool for summarizing your data, highlighting the key insights and findings.
In addition to creating sankey charts, you can also use sankey diagrams as a tool for communicating your findings to stakeholders. You can use the diagram to show the different flows of data, or to visualize the different relationships between different elements of your data. You can also use the sankey chart to communicate the structure of your data, making it easier for stakeholders to understand what is going on.
In conclusion, sankey charts can be a powerful tool for data visualization and analysis. By creating a sankey chart, you can show the flow of data, identify key relationships, and communicate your findings more effectively. Whether you’re analyzing a supply chain, comparing different economic indicators, or analyzing how data flows within your business, sankey charts can be a valuable tool for gaining insight and making informed decisions.

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.