The aim of this work is to improve the accuracy of cold stamping product by accommodating springback. This is a numerical approach to improve the accuracy of springback analysis and die compensation process combining the displacement adjustment (DA) method and the spring forward (SF) algorithm. This alternate hybrid method (HM) is conducted by firstly employing DA method followed by the SF method instead of either DA or SF method individually. The springback shape and the target part are used to optimize the die surfaces compensating springback. The hybrid method (HM) algorithm has been coded in Fortran and tested in two- and three-dimensional models. By implementing the HM, the springback error can be decreased and the dimensional deviation falls in the predefined tolerance range.