Sankey charting is a visual approach to flow diagrams, providing an insight into how different entities, processes, or stages of a project or process flow through one another. These diagrams are particularly useful for understanding complex interconnected networks or systems. They provide a clear visual presentation of the source and destination nodes, which can lead to easy analysis and understanding of each part of the system.
What is a Sankey chart?
A Sankey chart is a visual representation of a network, which comprises of nodes and links. A node in the chart is a marker representing an item, entity or process, while a link represents the flow between them. Each node can be assigned a value, depending on its position within the chart and the value displayed.
Application
Sankey charts are a versatile tool that can be applied to a wide range of scenarios, including logistics, production, and technology. For example, in manufacturing, a manufacturer can use a Sankey chart to analyze the flow of materials, components, and processes from the raw material source to the finished product, enabling them to optimize their supply chain and reduce waste. Similarly, in the technology sector, a company can create a Sankey chart to understand how different components and technology processes move through their supply chain, which can lead to more efficient use of resources and a smoother delivery cycle.
Benefits
Sankey charts offer several advantages over traditional flow diagrams. Firstly, they present a clear and concise overview of the flow of information or resources, which can help decision-makers make faster and more informed decisions. Secondly, they allow for interactive analysis, enabling users to explore the flow of information in different ways and from multiple angles. Thirdly, they enable the representation of both positive and negative flows, which is particularly important in complex systems that involve both entering and leaving flow.
Creation
Sankey charts are created using a combination of software tools, which allow users to design and customize the charts according to their needs. Some of the popular tools include Microsoft Visio, Process Explorer, and Excel. To create a Sankey chart, one needs to choose the sources and targets of the flow, as well as the values for each node. There are different types of nodes, including bar nodes, bar lines, and line nodes. The data can be organized into two-dimensional networks or three-dimensional models, depending on the complexity of the system.
Conclusion
Sankey charts provide a clear and concise overview of the flow of information or resources, empowering decision-makers to make faster and more informed decisions. With their interactive nature, they enable users to explore the flow of information in different ways and from multiple angles. By choosing the right tool and data, anyone can create a Sankey chart and use them to analyze and understand complex interconnected networks or systems.
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.
