Introduction
Sankey charts are a type of chart that are used to display flow information in various industries, including finance, engineering, and healthcare. They are a powerful tool for displaying complex data and helping to identify patterns and trends.
In this article, we will discuss the basics of sankey charts and introduce you to their applications. We will also provide step-by-step instructions on how to create a sankey chart of your own and explore the different types of sankey charts available.
What is a Sankey Chart?
A sankey chart is a type of diagram that is used to display flow information in a network. It consists of a set of interconnected nodes and links that represent the movement of flow through the network. The keys of the chart are used to indicate the direction of the flow and to identify the nodes.
Sankey charts are often used in finance to display information about investments and trading, as well as in engineering to display information about the flow of materials and resources in a process.
What Are the Applications of Sankey Charts?
There are many different applications of sankey charts, including:
– Analyzing trade flows: Sankey charts can be used to display the flow of resources, such as goods and services, between different countries or regions.
– Tracking supply chains: Sankey charts can be used to track the flow of materials and components between different suppliers and manufacturers.
– Monitoring energy use: Sankey charts can be used to track the flow of energy through a facility or building, helping to identify inefficiencies and energy浪费.
– Analyzing investment flows: Sankey charts can be used to track the flow of investments in various industries, helping to identify trends and patterns in the market.
Creating a Sankey Chart
Creating a sankey chart can be a bit tricky, but with a few steps, you can create a basic sankey chart in Excel or Google Sheets.
Step 1: Create a network diagram
To create a sankey chart, you need to create a network diagram. This can be done by adding nodes to the network and connecting the nodes with links. The nodes represent different elements, such as people, products, or services. The links represent the flow of information or resources between the nodes.
Step 2: Choose your data
Once you have created your network diagram, you need to choose your data. You can use data from a variety of sources, such as Excel or Google Sheets.
Step 3: Add keys and flow direction arrows
Next, you need to add keys and flow direction arrows to your sankey chart. The keys are used to identify the nodes and flow direction arrows are used to indicate the direction of the flow.
Step 4: Apply colors and formatting
Finally, you can apply colors and formatting to your sankey chart to make it more visually appealing. You can customize the colors, fonts, and styles of the nodes and links to match the data you have.
Conclusion
Sankey charts are a great tool for analyzing complex data and identifying patterns and trends. With a few steps, you can create a sankey chart of your own using Microsoft Excel or Google Sheets. With this step-by-step guide, you can unlock the power of sankey charts and begin using them to analyze your data and make informed decisions.
Resources
– “Sankey Chart Generator” (https://www.rapidcharts.com/chart/d3/sankey/)
– “Sankey Chart Example” (https://cdn2.wixstatic.com/ug/en/home/gallery/76822491/files/1541193239.png)
– “How to Create a Sankey Chart” (https://www.datajournal.org/blog/how-to-craft-a-sankey-chart/).

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