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No there isnt, niether is there one in MS Office
Assuming the question is about a way to compress one or more files into a zip container, there is one in Windows File Explorer.
Right-click the selected file(s) and choose Send To > Compressed (zipped) folder.
The word "folder" there is a bit of a misnomer -- it's a single file that contains the compressed version of the original file(s).
To extract the compressed file(s) from the zip container, just double-click the zip file. File Explorer treats it as a folder but also shows an "Extract" ribbon where you can choose where to put the extracted file.
There are at least a half dozen other compression schemes other than zip, which is the only one offered by Windows. If you need one of them, I recommend the free open-source program 7-Zip.