Sankey charts are a type of chart that can be used to visualize multiple flows, or the movement of goods or data from one source to another. They are similar to flowcharts, but instead of depicting a single flow, they show multiple flows in a diagram.
One of the ways that Sankey charts are useful is in supply chain management. Companies often use Sankey charts to track the flow of materials and information throughout their supply chain, which can help them identify bottlenecks and improve their business processes. Other businesses, such as manufacturers and distributors, can also use them to visualize data flows between different departments or locations within their organization.
Sankey charts can also be used to visualize trends over time. For example, a company might use a Sankey chart to track the amount of time it takes to process each product or material, and how that amount changes throughout the year. This can help the company identify potential bottlenecks or inefficiencies that might be slowing down its operations.
Another application of Sankey charts is in logistics, where they can help companies visualize the flow of goods through a network of distribution centers or warehouses. This can be useful for tracking the location of goods in the supply chain or for identifying potential bottlenecks or delays that might be causing delays.
Overall, Sankey charts are a powerful tool for visualizing multiple flows or processes in a diagram. They can be used in a wide range of industries to help managers and analysts identify bottlenecks, trends over time, and potential inefficiencies.
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