A Sankey chart, also known as a Sankey flowchart, is a type of diagram that is used to visualize the flow of a particular product or service. It is a fun and interactive way to break down the distribution of a product and understand where it is coming from and where it is going. In this article, we will be talking about the creation and applications of Sankey charts, and how they can be used to provide valuable insights and information.
How to create a Sankey chart?
Creating a Sankey chart is easy with a graph visualization tool like Sankey Diagram. Here are steps on how to create one:
- Start by importing your data into the tool. This can be done in several ways, including importing from a spreadsheet or a database.
- Next, select the type of Sankey chart you want to create. There are several options available, including a flowchart and a Gantt chart.
- Choose the data fields you want to use in your chart. This will be the information that is displayed in the chart, such as the source and destination of the product.
- Customize your chart by selecting different colors, shapes, and other options.
- Finally, export your chart as an image or embed it into a document.
Applications of Sankey charts
Sankey charts are an excellent tool for providing insights into the distribution of a product or service. Here are some potential applications:
- Product Lifecycle Management: Sankey charts can be used to understand the flow of a product through its lifecycle, from raw materials to end-of-life disposal. This can help companies optimize their processes and reduce waste.
- Supply Chain Management: Sankey charts can be used to visualize the movement of goods through a supply chain. This can help companies identify bottlenecks, improve efficiency, and reduce costs.
- Marketing and Sales: Sankey charts can be used to understand the flow of customers through a marketing and sales process. This can help companies identify trends, allocate resources, and improve customer satisfaction.
- Financial Analysis: Sankey charts can be used to visualize the flow of revenue and expenses in a financial statement. This can help companies identify areas where they can save money or improve profitability.
Sankey charts are a fun and informative way to break down the distribution of a product or service. With their easy-to-use graph visualization tools, they are an excellent tool for businesses of all sizes. Whether you are managing a product or a supply chain, or analyzing your marketing and sales process, a Sankey chart can provide valuable insights and help you make 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.
