In today’s digital age, data has become increasingly the lifeblood of business operations. Information flows and processes are a vital part of managing these flows, as they are essential in various aspects of operation, such as production, supply chain, customer service, and much more.
Data visualization can help in effectively displaying data information and creating business operations, thus enhancing decision-making and understanding capabilities. Sankey charts have been widely used to visualize data flows and supply chains. Sankey charts are a graphical method for displaying information about the flow of data, with different data flows, in terms of source to sink paths.
How to create Sankey charts:
Making a Sankey chart involves the following stages:
– Choose your data sources and sinks. Define what kind of data is being transferred.
– Arrange the data into the chart by placing the data source at the top and the data sink at the bottom. Draw lines that represent the flow of data, starting at the data source and ending at the data sink.
Create Sankey charts for various use cases:
Sankey charts can be used in various settings, including:
– Supply chain management. This visualizes data flows between suppliers and retailers.
– Healthcare. It outlines patient data flows between healthcare institutions, such as doctors’ offices, hospitals, and clinics.
– Energy market. It indicates the data flows between power producers, transmission lines, and consumers.
– E-commerce. It visualizes the data flows between suppliers, shippers, warehouses, and customers.
Benefits of using Sankey charts:
- Clear visual representation of data flows.
- Simplifies data analysis and interpretation.
- Enhances decision-making process.
Conclusion:
Sankey charts offer an efficient and effective way of visualizing and understanding data flows and processes. With the rise of the digital age, the analysis of data has become more important than ever before. Utilizing Sankey charts to display data flows visually, facilitates better decision-making processes, improving efficiency, and outcomes.
Stay tuned for more articles on data visualization.
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.
