Sankey charts are a type of flowchart that are particularly useful for visualizing and optimizing processes in business. Unlike traditional flowcharts, which can be difficult to read and understand at a glance, Sankey charts use a series of arrows to show the direction and magnitude of flow, making it easy to see how resources are allocated and wasted.
To create a Sankey chart, you will need to gather data on the different components of your process, such as inputs, outputs, and processes. You can then use software such as Visio or Microsoft Excel to create the chart, which will show the flow of resources between these different components.
One of the key advantages of Sankey charts is that they can help you identify areas where resources are being wasted or where improvements can be made. For example, you may notice that a large portion of your resources are going to a single process or step in your workflow, indicating that this step could be optimized to increase efficiency.
Additionally, Sankey charts can be used to show the impact of different decisions or changes on your process. For example, you could create a Sankey chart before and after a major change in your business to see how resources are allocated differently and identify any areas where improvements can be made.
Overall, Sankey charts are a powerful tool for visualizing and optimizing processes in business. By using arrows to show the direction and magnitude of flow, they make it easy to see where resources are allocated and wasted, and provide a clear picture of how your process works. Whether you are looking to identify areas for improvement, make strategic decisions, or track the efficiency of your business, Sankey charts are an invaluable resource.
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.