Sankey charts are a type of flowchart that are used to represent the flow of materials, information, or money in a system. They were invented by Thomas Sankey in the mid-1920s and have since become a popular tool for understanding and optimizing complex systems.
One of the key advantages of using Sankey charts is their ability to clearly show the direction of flows in a system. This makes it easy to identify bottlenecks, inefficiencies, and opportunities for improvement. Sankey charts also allow you to easily see how changes to one part of the system can affect the overall flow of materials or information.
To create a Sankey chart, you will need to gather data on the various flows within the system you are analyzing. This data should include the starting points, ending points, and the amounts or rates of materials or information being flowed. You can then use this data to create a Sankey chart using a spreadsheet program such as Microsoft Excel or Google Sheets, or a specialized Sankey charting tool.
There are many different applications for Sankey charts, including:
- Process improvement: Sankey charts can be used to identify inefficiencies and bottlenecks in business processes, and to propose and track improvements.
- Project management: Sankey charts can be used to visualize the flow of work in a project, and to identify potential risks and areas for improvement.
- Supply chain management: Sankey charts can be used to track the flow of materials or information through a supply chain, and to identify opportunities for reducing waste or improving efficiency.
- Financial analysis: Sankey charts can be used to visualize the flow of money through a financial system, and to identify areas for reducing costs or improving profitability.
Overall, streamlining processes using Sankey charts can help organizations improve efficiency, reduce waste and costs, and make data-driven decisions to optimize their operations.
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.
