Introduction:

Streamlining your workflow can help you be more productive and efficient in your daily tasks. One way to do this is by using visualization tools such as Sankey charts. In this article, we will explore how to create Sankey charts and the various applications of this type of chart.

What is Sankey Chart?

A Sankey chart is a type of flowchart that uses arrows and circles to show the flow of materials, money, or information between different nodes. Unlike other types of flowcharts, Sankey charts place emphasis on the direction of the flow, making it easier to understand the cause and effect relationships between different components.

How to Create a Sankey Chart in Excel?

To create a Sankey chart in Excel, you can use the Sankey chart add-in. This add-in allows you to create Sankey charts without having to purchase a separate software package. Here are the steps to create a Sankey chart in Excel:

1. Open Excel and click on the Sankey chart add-in from the ribbon.
2. Select the Sankey chart template you want to use and customize the chart as needed.
3. Add your data to the chart by clicking on the nodes and entering the data in the appropriate fields.
4. Customize the chart formatting to match your needs.
5. Save the chart as a Sankey chart file.

Applications of Sankey Charts:

Sankey charts can be used in a variety of applications, including:

1. Process Flow: Sankey charts can be used to visualize and understand the flow of materials, information, or money through a process.
2. Financial Analysis: Sankey charts can be used to visualize the flow of money between different accounts or regions, making it easier to identify areas of potential risk or opportunity.
3. Supply Chain Management: Sankey charts can be used to visualize the flow of goods through a supply chain, making it easier to understand and optimize the flow of resources.
4. Customer Journey Mapping: Sankey charts can be used to visualize the flow of the customer journey, from initial contact to purchase, making it easier to understand and improve the customer experience.

Conclusion:

Streamlining your workflow can be as simple as utilizing visualization tools such as Sankey charts. By understanding the flow of materials, money, or information through your processes or organizations, you can make informed decisions about how to optimize your workflow and be more productive and efficient.

With the ease of use and customization of Excel and its Sankey chart add-in, creating a Sankey chart has never been easier. Whether you are looking to understand the flow of a process, perform financial analysis, or improve the supply chain or customer experience, Sankey charts can be a valuable tool in your toolkit.

SankeyMaster

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