Sankey charts, also known as directed flow charts, are a powerful tool for visualizing process flow and identifying opportunities for improvement in business processes. They were originally developed in the 1930s by Czech engineer and mathematician Vojtěch Jarník, and have since become a popular method for analyzing and optimizing business operations.
One of the key benefits of using Sankey charts is that they allow you to easily see how different process elements are related to each other, and identify bottlenecks and inefficiencies in the flow of information or materials. This can help you make better decisions about how to streamline your operations and improve efficiency.
Another advantage of Sankey charts is that they are easy to create and use. With a spreadsheet program like Microsoft Excel or Google Sheets, you can quickly create a Sankey chart by entering the names of process elements and connecting them with arrows to show the flow of materials or information.
Some common applications of Sankey charts in business include:
- Process mapping: Sankey charts can be used to map out the steps involved in a process, and identify opportunities for improvement or optimization. This can be helpful for identifying process areas that are particularly time-consuming or prone to errors, and for developing solutions to improve efficiency.
- Inventory management: Sankey charts can be used to visualize the flow of materials through an inventory management system, and identify opportunities for reducing waste or improving efficiency.
- Customer service: Sankey charts can be used to map out the steps involved in a customer service process, and identify areas where improvements can be made to improve the overall experience for customers.
- Supply chain management: Sankey charts can be used to visualize the flow of materials through a supply chain, and identify potential bottlenecks or inefficiencies that could impact overall performance and profitability.
Overall, Sankey charts are a highly effective and flexible tool for visualizing process flow and identifying opportunities for improvement in business processes. They can be used in a wide range of applications, and are an essential tool for any organization looking to optimize efficiency and improve its bottom line.
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