Everytime I add an object (Excel charts) into a word document I need to add a
caption. These need to be numbered in order 1,2,3 etc. However if I add the
first 2 items and add captions, THEN go back to the very begining and add a
third item, I want this item to be automatically called "item 1" (because
it's now at the begining) and the other two to be renamed "item 2" & "item 3"
respectively.

Can this be easily done

Thanks

Have a look at InsertCaption