Sankey charts are an effective tool for visualizing relationships between different entities and the flow of information or resources between them. These charts can be used to show the distribution of data, the direction of flows, and the volume of transactions or flows. They are particularly useful for complex data sets and can be used to identify significant flows or flows that are flowing away from a certain area or entity.

In this article, we will discuss the basics of Sankey charts and how to create them, as well as some of the applications of these charts for insights and action.

What are Sankey Charts?

Sankey charts are a type of flowchart used to visualize relationships between entities and how their relationships affect each other. The shape of the chart is like a flow network, with entities at the nodes and flow lines connecting them, which show the relationships between them.

A key feature of Sankey charts is that they give a clear visual representation of flow direction, which is essential for making sense of how information or resources are distributed across different entities.

To create a Sankey chart, you need to identify the entities, and the flow direction can be determined by the direction of the flow lines. You can also use a separate scale to label the flow direction and show the intensity of the flow.

Applications of Sankey Charts for Insights and Action

Sankey charts are not only useful for data visualization, but they can also be used to make strategic decisions based on the insights gained from the charts.

For example, if you create a Sankey chart that shows the flow of data from a particular source to a particular destination, you can use this information to identify which entities are contributing to the flow and which ones are draining it. This can help you identify bottlenecks, identify opportunities for streamlining operations, and improve the overall efficiency of the system.

Sankey charts can also be used to analyze the flow of information or resources between different departments or locations. By analyzing the flow of resources or information, you can identify areas where there may be inefficiencies or areas that need improvement.

Conclusion

Sankey charts are a powerful tool for visualizing relationships between entities and the flow of information or resources between them. By identifying the key flows and bottlenecks, you can make strategic decisions and improve the efficiency of your operations. Whether you are analyzing complex data sets or identifying areas for improvement, a Sankey chart can provide valuable insights that help you take action and make informed decisions.

SankeyMaster

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