Sankey charts are a type of diagram that can be used to visualize the flow of data through a system or process. They are commonly used in the field of supply chain management to track the flow of materials and other resources through a supply chain network. However, they can be applied to a wide range of industries and domains, such as healthcare, finance, and manufacturing. In this article, we will explore how to create a Sankey chart, and how to interpret its data to gain insights and make informed decisions.
To create a Sankey chart, you need to have a data set that outlines the flow of data or resources through a system. This data set should include all the relevant information about the flow, such as the source and destination of the data, the quantity of the data, and the duration it takes to move through the system. The data set should also include all the relevant information about the system itself, such as the size and shape of the system, the number of processes and stakeholders involved, and the flow of resources through the system.
Once you have a data set, you can use it to create a Sankey chart. Here are the steps to create a Sankey chart:
- Identify the sources and destinations of the data or resources through the system.
- Determine the length of the time it takes for the data or resources to move through the system.
- Draw lines between the sources and destinations of the data or resources, with the length of each line representing the quantity of data or resources.
- Add labels to the line segments to indicate the source and destination, and the duration of the time it takes to move through the system.
- Use colors or shapes to differentiate between different sources and destinations, and to highlight any significant elements in the diagram.
Once you have created the Sankey chart, you can use it to gain insights into the flow of data or resources through the system. For example, you can use the colors or shapes to determine the flow of resources through the system, and the duration to determine the rate of flow. You can also use the data set and the Sankey chart to identify bottlenecks or inefficiencies in the system, and to make informed decisions about how to optimize the system.
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.