Sankey charts are a powerful visualization tool for understanding data flow and transformation. They are often used in engineering, finance, and process management to help identify inefficiencies and improve the overall performance of a system.
Sankey charts are named after their creator, George Sankey, a British engineer and statistician who first introduced the chart in the 1930s. He used it to study the flow of materials in chemical plants and manufacturing processes.
To create a Sankey chart, you will need to gather data on the various inputs and outputs of a system, as well as any transformations that occur within the system. This data is typically represented as a flow diagram, with each process or step in the diagram represented as a node.
From there, you can use tools such as Excel, Visio, or ProcessOn to create the chart itself using a pre-built Sankey chart template. The chart will show the flow of materials, ideas, or information through the different processes in the system, as well as any bottlenecks or inefficiencies that may exist.
Sankey charts can be used in a variety of applications, including:
- Process improvement: By analyzing the flow of materials or information through a process, you can identify areas where improvements can be made in order to increase efficiency and reduce waste.
- Risk analysis: Sankey charts can be used to identify potential bottlenecks or failure points in a system, allowing you to take proactive steps to mitigate these risks.
- Cost analysis: By visualizing the flow of materials or information through a system, you can identify areas where cost savings can be achieved, such as by streamlining production processes or reducing transportation costs.
- Supply chain management: Sankey charts can be used to understand the complex flow of goods and services through a supply chain, allowing you to identify areas for improvement and optimize the overall performance of the chain.
Overall, Sankey charts are an powerful visualization tool that can help you gain a better understanding of the flow and transformation of data in a system. By using them, you can identify inefficiencies and opportunities for improvement, and take steps to optimize the performance of your systems.
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.