Sankey chart, or flowcharts, are one of the most powerful visualization tools in business. They help you understand the flow of information and data in your organization, or within a specific business process. Sankey charts allow you to visualize every single source and sink, making the flow of information as clear as possible.
What are Sankey Charts?
Sankey charts are a kind of flowchart made from connecting lines between dots representing data flow and sources. They are similar to Sankey diagrams from petroleum engineering, but made for a more general audience.
Uses of Sankey Charts
Sankey charts can be used for various purposes, and they are particularly useful for businesses and organizations that operate complex data sources. They help in identifying patterns in data as well as the relationships between specific data points. Sankey charts can be used for project management, process improvement, and decision-making processes.
Why should Businesses Use Sankey Chart for Business Processes?
Sankey charts are particularly useful for businesses that perform complex data-driven tasks. They can help in breaking up processes into smaller parts and identifying the specific points that have the most significant impact on a system. Additionally, they help in understanding the dependencies between data flows, which helps in identifying possible bottlenecks or inefficiencies.
How to Use Sankey Chart in Business Processes?
One of the most common types of Sankey charts is the Gantt chart. This chart represents all the business processes that your organization is dealing with and the resources that are involved. For example, you might have a Gantt chart that represents all the steps involved in creating a new product, and the lines connecting the steps show how each process depends on the previous one.
Another type of Sankey chart is the network diagram. This type of chart shows dependencies between data flows, including the flow of information through different parts of the business. It is useful when you need to understand the flow of data within a process, and how it is interconnected with other processes.
Conclusion
Sankey charts can be a powerful tool for analyzing complex business processes and extracting insights from data flows. They can help you identify bottlenecks, dependencies, and inefficiencies, which are crucial for improving your business processes. With the right information, Sankey charts can help you take better decisions, leading to better business outcomes.
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