If you position an object "In line with text," you can make use of the options that control the text flow in Word (basically the options on the Line and Page Breaks tab of the Paragraph dialog box).

For basic text wrapping, you can use table cells. Alternatively, you can wrap a frame around a graphic and its caption (you can make use of the Insert Horizontal Frame command which can be added to the Quick Access Toolbar).

Note that all of these suggestions are quite different from using manual line breaks, tabs and spaces. You should try for yourself; you don't have to take my word for it.

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Stefan Blom
Microsoft Word MVP

Microsoft 365 apps for business
Windows 11 Professional