Sankey Charts
A Sankey chart is a diagram that is typically used to visualize relationships between flows, such as people, information, data, or resources. It consists of a network of tubes connecting nodes representing distinct entities across various streams of data or information. These tubes typically have a color-coded material or flow of data for clarity.
Applications
Sankey charts can be used for a variety of purposes, including:
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Organizational Structure Visualization: Sankey charts effectively show the flow of information, resources, or processes within an organization by visualizing the relationships between people, tasks, and resources.
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Process Flow Analysis: Sankey charts can be used to visualize different phases, tasks, and processes of a business process to understand the flow of information and resources within the process.
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Resource Allocation Analysis: Sankey charts can be used to visualize the flow of limited resources or budgets from resources to projects or departments.
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Quality Control: Sankey charts can be used to visualize the relationships between quality control processes across various stages of production.
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Business Intelligence: Sankey charts can be used to visualize complex business data such as sales trends, churn rates, or market share.
Tools for Sankey Chart Creation
There are several types of software available that include tools for Sankey chart creation, such as Microsoft Excel, Tableau, and SPSS. Microsoft Excel’s Sankey Chart tool allows users to create high-quality Sankey charts while Tableau and SPSS are more advanced and robust tools that offer more comprehensive visualization capabilities.
Examples of Sankey Chart Applications
Sankey charts can be used in various industries, including healthcare, finance, manufacturing, and telecommunications. Here are some examples of how Sankey charts can be used in practice:
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Healthcare: Sankey charts can be used to visualize the relationship between different healthcare processes such as patient triage, medical tests, medications, and follow-up care. This visualization helps to identify bottlenecks and areas of inefficiency.
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Finance: Sankey charts can be used to visualize the flow of assets, liabilities, and cash flows across different investment portfolios. This visualization helps investors to make effective decisions about their investments.
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Manufacturing: Sankey charts can be used to visualize the relationships between raw materials, semi-finished products, and finished products. This visualization helps manufacturers to control costs and ensure proper inventory management.
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Telecommunications: Sankey charts can be used to visualize the relationships between suppliers, customers, and network infrastructure. This visualization helps telecommunications companies to optimize their distribution and maintenance processes.
In conclusion, Sankey charts are an elegant way to visualize complex relationships and data flow within an organization. This visualization tool has a variety of applications in different industries, making it a valuable tool for business intelligence and operational efficiency. With the advent of more advanced software tools, Sankey charts are becoming even more user-friendly and versatile.
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.
