Microsoft Word 2013 supports this arrangement via text boxes that anchor to a specific place on the page. The document's main text then wraps around the text box according to your preferences.

Understanding how text interacts with an inserted object in Word is the key to getting the look you want.

If you need to create documents with drop caps, pull quotes, columns, text that wraps around images, and similar desktop publishing elements, you can do so in Word.

Did you know that you can insert Picture in Word without moving Text? Learn how to add image in SmartArt text & then wrap text.