Sankey charts are a type of flowchart that are used to visualize the flow of materials, money, or information between different entities. They are particularly useful for showing the relative importance of different sources or destinations in a complex system.
Sankey charts are named after the Dutch physicist Rudolph Sankey, who first described the chart in the 1930s. He used it to visualize the flow of coal and steam between different parts of a factory. Today, Sankey charts are used in a wide range of industries and applications, including logistics, finance, marketing, and healthcare.
To create a Sankey chart, you will need to gather data on the sources and destinations of the flow, as well as the amounts or quantities of each item that are flowing between them. This data can be presented in a variety of ways, such as a table or spreadsheet. Once you have the data, you can use a software program or online tool to create the chart.
One of the advantages of using a Sankey chart is that it allows you to easily see the relative importance of different sources or destinations in the flow. For example, you might use a Sankey chart to visualize the flow of money between different departments within a company, and use colors or symbols to highlight the departments that are generating the most revenue.
Another useful aspect of Sankey charts is that they can help you identify bottlenecks and areas where there is a surplus or shortage of materials or resources. By comparing the flow between different sources and destinations, you can see which items are moving more quickly than they should be, and which are experiencing delays or congestion.
Overall, Sankey charts are a powerful tool for visualizing complex data flow systems and can be used to help you better understand and manage a wide range of business and organizational processes. With their clear and intuitive visual representation, it is easy to identify trends, opportunities and areas that need improvement and make data-driven 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.