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

Sometimes alignment tabs aren’t enough if the aligned text stretches to the other margin. When this is possible, use a table to control wrapping.

Basically, it comes down to tweaking the Text Wrapping in Table Properties. Seems simple - but do you have another way that you're able to do this? Let us know in the comments.