The paper deals with a study and a comparison of numerical simulations of a bearing ring production using various numerical methods for solution. The bearing ring is produced by forging technology in three operations. The study is focused on the first two operations, i.e. upsetting and forging of the final shape of the part. Numerical simulation of the mentioned manufacturing process is performed in Simufact Forming software, which allows the use of finite element method as well as finite volume method. In this case, 2D and 3D FE solution and also FV calculation using first and higher order solver are compared, followed by comparison with real production.