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.

Learn how to wrap Text around Pictures in Microsoft Word. You are offered various options and formats for wrapping text around images.

How to access the text wrapping options in Word When you insert a picture into a Word document, Word positions it at the insertion point; however, you have control over the picture’s position.

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