Simulating the forming process for sheet metal parts is currently the standard for guaranteeing feasible manufacturing at the time of tool design. In contrast simulating springback and its computer‐supported compensation is still under development. The status of the technology for simulating springback will be illustrated and demonstrated using examples. Various strategies related to compensation of shape deviations due to springback will be discussed and explained using examples. The necessary steps for the use of computer‐aided simulation and compensation of springback are illustrated for an inner part. The example shows how the simulation of springback can be integrated into the development process of a deep‐drawing tool to determine the compensation of the tool surfaces — based on the springback results — before tool production. Another example demonstrates how a new draw die design, that minimizes or eliminates the shape deviation, can be quickly determined from the springback‐related shape deviations using special software. The principle of the procedure for compensating for shape deviation and problems that could still occur are explained. The possibilities and limits of the “springforward” compensation procedure are also discussed.Simulating the forming process for sheet metal parts is currently the standard for guaranteeing feasible manufacturing at the time of tool design. In contrast simulating springback and its computer‐supported compensation is still under development. The status of the technology for simulating springback will be illustrated and demonstrated using examples. Various strategies related to compensation of shape deviations due to springback will be discussed and explained using examples. The necessary steps for the use of computer‐aided simulation and compensation of springback are illustrated for an inner part. The example shows how the simulation of springback can be integrated into the development process of a deep‐drawing tool to determine the compensation of the tool surfaces — based on the springback results — before tool production. Another example demonstrates how a new draw die design, that minimizes or eliminates the shape deviation, can be quickly determined from the springback‐related shape deviation...