Sankey charts are a powerful visualization tool that can help you better understand data flow and circulation. In this article, we will explore the basics of Sankey chart creation, as well as some creative ways to use these charts in your data analysis.
What are Sankey Charts?
Sankey charts are a type of flowchart that are used to visualize data flow and circulation. They were invented by Charles Sankey in the early 20th century and havesince gained popularity in fields such as engineering, economics, and epidemiology.
Sankey charts are especially useful for visualizing the flow of energy, materials, or information between different entities or groups. They can help you identify bottlenecks in your processes, as well as opportunities for optimization.
Sankey Chart Creation
To create a Sankey chart, you will need to follow these general steps:
- Identify the data you want to visualize. This can be a network of entities or groups, such as a supply chain or social network.
- Choose a software tool to create your chart. There are many programs available for this purpose, such as Microsoft Excel, IBM Cognos TM1, or RavenDB.
- Enter your data into the chart template. This will typically involve mapping out the flow of data between different entities or groups.
- Format your chart to make it visually appealing and easy to interpret. This can involve adding labels, colors, or other visual elements.
Applications of Sankey Charts
Sankey charts are a versatile tool that can be used in a wide variety of applications. Here are a few examples:
- Supply chain management: Sankey charts can help you visualize the flow of goods between different suppliers, distributors, and customers. They can help you identify bottlenecks and opportunities for improvement.
- Financial analysis: Sankey charts can be used to visualize the flow of funds between different accounts or entities. They can help you identify areas where cash is flowing in or out, as well as potential sources of additional revenue.
- Epidemiology: Sankey charts can be used to visualize the spread of infectious diseases between different locations or groups. They can help you identify hotspots and制定 targeted prevention strategies.
Conclusion
Sankey charts are a powerful visualization tool that can help you better understand data flow and circulation. By following the steps outlined above, you can create your own Sankey charts to tackle a wide variety of data analysis challenges. Whether you are working in engineering, finance, or public health, Sankey charts can be a valuable asset in your data analysis toolkit.
SankeyMaster
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